Uses A.I. technology for infrastructure support (traffic flow data etc.). Believes strong demand for product. Strong management team. Growing business unit through strong r & d. Volatile stock for high growth investors.
AI-assisted counting of cars for municipalities, which can help with traffic flow. Expects a numbers of new states to sign pending Requests for Proposal. On the cusp of where it can really take off. No dividend.
Their AI-driven camera helps cities manage traffic. Are growing revenues 35% annually. Announced a bond offering to expand their business. They could win more contracts from cities. Are paid on a SAAS basis.
(Analysts’ price target is $4.50)
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Needed to raise money, and market didn't like that. Florida contract was delayed. Still really likes it. AI technology.